17 Ridge Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 7, 2019 | No longer available | - | |
| No longer available | |||
| Jul 22, 2019 | Price Decreased |
$699,900
↓ $25K
(3.5%) | |
| Price Decreased | |||
| Jun 5, 2019 | Listed | $725,000 | |
| Listed | |||
| | |||
|
Welcome home to 17 Ridge in Norfolk's sought after "Pheasant Hill Estates". One of the largest homes in the sub division, boasting 12 rooms, 5 beds and 3.5 baths spread out over 4500 sq on a level and tree lined 1 acre corner lot. First floor features hard wood floors throughout, first floor laundry room, front and back staircases, 2 fireplaces, front to back living room and oversized family room with wet bar overlooking serene back yard. 2nd level features master suite with walk in closet, master bath, jetted tub, and Juliette Balcony. Additional 3 bedrooms ( with walk in closets) and full bath. In- Law potential in finished area over 3 car garage with 5th bedroom/ full bath. Additional 2,100 sq. ft. in unfinished basement. Additional features include whole house generator, irrigation, shed, Brand new Driveway and Deck. Heating System/ Hot Water Heater were updated in 2015 and Roof in 2009 with 50 yr. shingles. The manager has listed the unit size as 4454 square feet.
| |||
| Feb 15, 2005 | Sold | ||
| Sold | |||
| Dec 29, 2004 | Listed by Prudential Page Realty | $714,900 | |
| Listed by Prudential Page Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017